NEWMARK KNIGHT FRANK

Over $994M in MOB Transactions for August 2018

Article commentary by: Will Burnette, Global Healthcare Services

112 medical office building transactions closed in August, totaling over $994 million or 3.6 million square feet. California had the most medical office building transactions with 15 (13.4% of total), followed by Texas with 14 (12.5% of total). The average deal size was $10.4 million. Everest Healthcare Properties' $108.2 million acquisition of the Rendina Healthcare MOB was the largest transaction during August. Catalyst was the greatest buyer by volume purchasing 19 properties at just over $150 million.

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(Source: Real Capital Analytics, Inc.)

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2018 Healthcare Real Estate Outlook